Capitalists Against Markets The Making of Labor Markets and Welfare States in the United States and Sweden

ISBN-10: 0195142977
ISBN-13: 9780195142976
Edition: 2002
Authors: Peter A. Swenson
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Description: Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Capitalists Against Markets makes the startling argument that pragmatic social reformers looked for support not  More...

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Book details

List price: $44.95
Copyright year: 2002
Publisher: Oxford University Press, Incorporated
Publication date: 9/26/2002
Binding: Paperback
Pages: 448
Size: 6.25" wide x 9.25" long x 1.25" tall
Weight: 1.386
Language: English

Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Capitalists Against Markets makes the startling argument that pragmatic social reformers looked for support not only from below but also from above, taking into account capitalist interests and preferences. Juxtaposing two widely recognized extremes of welfare, the US and Sweden, Peter Swenson shows that employer interests played a role in welfare state development in both countries. This broad-ranging comparative analysis begins with theory about employer interests under varying economic and institutional conditions, especially in labor markets shaped to a considerable degree by employers themselves. It then moves on to in-depth historical evidence starting from very early in the 1900s. The historical narrative reveals striking variations within and across the behavior of their capitalist classes. It gives reason to believe that capitalists were among essential allies of the American welfare state in the 1930s and beyond, not just forces for containing its expansion. It also shows tjhat Social Democrats in Sweden were kicking in capitalists' open doors as they installed and expanded the various pieces of their world-renowned welfare state through the 1960s. A concluding chapter surveys labor market and social policy changes in both countries since the 1970s in light of the theory and historical analysis of cross-class alliance politics. Provocative in its challenge to conventional thinking and theory, Capitalists Against Markets illuminates the political conditions for greater economic and social security in capitalist societies.

Capitalists Against Markets
Preface
A Note on Sources
Abbreviations
History and Theory
A Historicalpuzzle
Solidarity, Segmentation, and Market Control
Labor Markets
The Origins of Americansegmentalism
Swedish Solidarism in Themaking
The Social Democraticbreakthrough
Behind Swedish Wageequality
The United States in Comparison
Solidarism and Intersectoral Control in the United States
Welfare States
The New Deal for Market Security
Whose Business Were the New Dealers Minding?
From Solidarism to Social Democracy
Expanding the Solidaristic Welfare State
Conclusion: the 1950s to the 1990s
Legacies and Transformations
Notes
Index

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